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Do you ever have a bias towards a certain asset or financial theme? I do and if most of us are deeply honest to the person in the mirror, we would have to say yes we all are bias from time to time!
I strive to find assets that could be at key reversal points when sentiment is very crowded toward the bullish or bearish side. One exercise I conduct on a regular basis is to look at chart patterns, without knowing what the asset is, this helps reduce asset or theme bias for me personally.
The above quiz is a current example of a pattern I find very interesting, especially with bullish sentiment standing at just 21%.
I will post the answer to the quiz on Wednesday or Thursday of this week. If you would like to share your thoughts on what action you would take or would like to know the answer to the quiz before I post it, send an email to firstname.lastname@example.org and we will get you the answer as soon as we can.
If you would like to see how others are using quiz’s and our research to help improve their overall portfolio performance go to this link here
FYI- Members took a position in this quiz last week, looking to take advantage of the pattern and sentiment extremes.